How Aussie Business Owners Can Save Thousands Before 30 June - Tax Planning 2025

Are you a small business owner in Australia looking to reduce your tax bill before 30 June 2025? In this detailed, practical 40-minute video, I walk you through everything you need to know about EOFY tax planning strategies to help you minimise tax legally and make smart business decisions. ✅ Learn how the Australian tax system works ✅ Understand your business’s current tax position ✅ Explore legitimate, ATO-compliant tax strategies ✅ Watch a real-life worked example with numbers ✅ Get a list of actions to take now Whether you’re a sole trader, company director, or running a growing business, these tips will help you plan with confidence and avoid last-minute stress. This video is perfect for small business owners, entrepreneurs, and startups wanting to take control of their business finances and reduce taxable income the right way. As a qualified accountant, tax agent, and business coach with over 15 years’ experience, I share only what works — no fluff, just practical strategies that can make a real difference. What we cover: How tax brackets and company tax rates apply Superannuation timing and deductions Prepaying expenses Asset purchases and the instant asset write-off Paying dividends Tax-effective structuring tips 👉 Don’t miss your window to act before 30 June. Watch now, take action, and set yourself up for a stronger FY26. 📌 Subscribe for more small business growth tips and strategies. Links discussed in the video: Simple tax calculator - https://www.ato.gov.au/calculators-an... Superannuation government co-contribution ($500) - https://www.ato.gov.au/individuals-an... ------------------------------------------------------------- Time Stamps: 00:00 Introduction 01:45 What is tax planning? 02:19 Tax basics 04:32 What is your tax position 13:34 Tax strategies 13:47 Don't spend $1 to save 30 cents! 17:27 Prepayments 18:59 Deferring income 20:07 Inventory valuation 22:09 Obsolete stock 22:38 Bad debt write-off 23:42 Superannuation 25:36 Capital losses 26:16 Asset write-off 27:58 Trusts 28:42 Trust resolutions 30:13 Bucket company 32:00 Companies 32:12 Dividends 32:38 Div 7a 33:12 Super co-contribution 33:45 Worked example 38:38 Action items Disclaimer: The content provided on this channel is for educational purposes only and is intended to be of a general nature. It does not constitute tax, legal, or financial advice. The information shared may not be applicable to everyone, as individual circumstances can vary. Craig Anderson and all individuals associated with the production of this content disclaim any liability for decisions made or actions taken based on the information presented. Always seek professional advice specific to your situation before making any financial, legal, or tax-related decisions. This information does not qualify as financial product advice.